Bitcoin’s rally is accelerating, but 43% of holders are still at a loss, leading traders to favor put options. Will this week’s gains hold?
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After a chaotic week for the cryptocurrency market, the US-based Bitcoin ETFs (exchange-traded funds) saw significant capital inflows on Friday, February 6. As the flagship cryptocurrency and the rest of the market suffered huge declines, the BTC-linked exchange-traded products also posted substantial withdrawals during the week. With the bear market confirmed by the latest steep […]